[ad_1] With a new year ahead and the holiday fanfare behind, this is a great time to set money goals, especially if you recently spent a lot on gifts and travel and want to get your finances in shape. You’d be in good company, too — according to a January 2024 survey from the Pew … Read more
[ad_1] Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode: Learn how to assess your net worth, compare it wisely, and build a financial strategy to meet your long-term goals. What is net worth, and how do you calculate it? How can you use it as a tool … Read more
[ad_1] Learn how to avoid holiday shopping pitfalls and quickly improve your credit, with ideas for restoring your credit. How can you avoid overspending during the holidays? How can you can help your credit score recover after missed payments? Can rental payments be reflected on your credit reports? Hosts Sean Pyles and Sara Rathner discuss … Read more
[ad_1] In early December 2024, American Airlines and Citi announced an extension of their decades-long partnership, including a promise to go exclusive when it comes to credit cards. For years, American Airlines has offered co-branded AAdvantage credit cards from two different banks: Citi and Barclays. That unusual arrangement dates back to the 2013 merger of … Read more
[ad_1] If you’re new to the country, the Pomelo Card is among several options that can help you build credit in the U.S. As a Mastercard, it can be used to make purchases virtually anywhere, but unlike other credit cards, it has an interesting wrinkle: You can also use it to send funds to other … Read more
[ad_1] Occasionally, credit card issuers and their travel partners offer transfer bonuses, allowing you to get even more value from your points. For example, if your points transfer to an airline at a 1:1 ratio, and that airline is offering a 25% transfer bonus, transferring 100,000 miles to that airline would net you 125,000 airline … Read more
[ad_1] Gas tax rates are set to increase in five states in the new year. Once they do, drivers in Florida, Georgia, Minnesota, New Jersey and Utah can expect to pay slightly more for each gallon of gas. The increases in each state are small, ranging from less than 1 cent to 3.3 cents per … Read more
[ad_1] The past couple of years have been tough on consumers’ wallets. Inflation has affected groceries, gas and lots of other everyday expenses — and auto insurance is no exception. Prices for most goods and services have started to stabilize: Year-over-year inflation stood at 2.7% in November, a dramatic difference from the peak of more … Read more
[ad_1] Banks don’t always act the way you expect them to, and this week is an example. The Federal Reserve cut short-term interest rates on Dec. 18. So what did mortgage rates do? They went up. The average 30-year fixed mortgage rate climbed 0.12 percentage point in the week ending Dec. 18, to 6.66%. Yet … Read more
[ad_1] If you kept money in a high-yield savings account this year, congratulations. Thanks to elevated interest rates, you probably enjoyed strong returns on those funds. And if you didn’t, don’t despair: Savings rates should remain solid through at least the beginning of 2025. As we head into the new year, here’s a recap of … Read more